Otago Property Investors Association Inc
Phone: 03 477 6220
What you need to know about insuring your investment property.
Forbury Park Function Centre for the first OPIA Hub of the year. From 7 pm there will be time to network - catch up with other members and borrow books from the library. Drew Harmer from Harvey Norman Commercial is coming down from Christchurch to let OPIA members see the face that talks to you at the end of the 0800 number and emails. Chris Lane of First Lane Insurance is coming from Blenheim to explain about the NZPIF insurance deal that is available to members, the Initio landlord policy and insurance updates. James Mullenger Branch Manager ASB Dunedin is going to talk about his voluntary work including abseiling from Forsyth Barr Stadium roof through to updating members with what is happening in the banking market place. Larry Greene from Betta Inspect It talking about purchasing and selling inspection reports - don't get caught with a lemon.
Statistics New Zealand this week released updated projections of population growth for NZ regions and local authority areas out to 2043. Almost all areas have seen improvements on the back of higher net immigration flows, but still there are 17 areas where population decline is projected. We republish their tables so people looking at the regions and perhaps investing outside the main centres can have realistic views on how much future demand for housing there may be.
This Housing Confidence report has been prepared by Kim Mundy, ASB economist
In a speech to Massey University and the Auckland Chamber of Commerce, Steven Joyce says at a time when many parts of the world face significant political and economic risks, the outlook for New Zealand is positive. Businesses are investing, job growth is solid and wages are rising faster than inflation.
For the last few years we have been inundated with media articles and opinion pieces on how we have a housing crisis and that the young are doomed to be tenants for life.
The 2017 Annual OPIA Bus Tour is this year Sponsored by Placemakers Come along to the annual social and educational event to start off 2017. There will be several properties to have a look around - with the trip concluding back at Zingari for the ever popular barbecue. Please wear easy to remove footwear.
Statement by Reserve Bank Governor Graeme Wheeler
The current Health and Safety legislation imposes requirements on the landlords of rental property.
An advocacy group Renters United is worried the TINZ tenant checking system could be abused. TINZ allows landlords to rate tenants at the end of their tenancy and see how other landlords have rated applicants.
“Recent CoreLogic data shows that flipping or rapid on-selling of houses is not as common as people may believe” says Andrew King, Executive Officer of the NZ Property Investors’ Federation
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